USDCHF: Traded up to resistance at 0.9945

USDCHF: 0.9945

US$Chf has traded up to resistance at 0.9945 and looks set to head higher in coming days – depending on the NFP figure.

1 hour/4 hour indicators: Turning higher

Daily Indicators: Turning higher

Weekly Indicators:  Neutral

Preferred Strategy:  With both the short term and daily momentum indicators looking constructive we could see a run back to 1.0000 and possibly to 1.0040.

Resistance   Support  
1.0037 1 Nov high 0.9900 Minor
1.0015 Minor 0.9872 Session low
1.0000 Psychological 0.9854 6 Dec low
0.9965 (76.4% of 0.1137/0.9816) 0.9835 100 WMA /5 Dec low
0.9946 21 Nov high/Session high 0.9805 200 DMA



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